Discovering Hammond Power Solutions And 2 Hidden Canadian Small Caps
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The Canadian stock market has experienced notable volatility recently, with significant daily swings that ultimately resulted in modest weekly changes. In this fluctuating environment, identifying promising small-cap stocks can offer unique opportunities for investors willing to navigate the ups and downs. Discovering Hammond Power Solutions and two other hidden Canadian small caps could provide valuable insights into potential growth areas within this dynamic market.
Top 10 Undiscovered Gems With Strong Fundamentals In Canada
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| TWC Enterprises | 6.74% | 10.99% | 25.68% | ★★★★★★ |
| Taiga Building Products | NA | 7.62% | 15.46% | ★★★★★★ |
| Amerigo Resources | 12.87% | 7.49% | 12.97% | ★★★★★☆ |
| Tenaz Energy | NA | 33.64% | 50.62% | ★★★★★☆ |
| Reconnaissance Energy Africa | NA | 31.73% | -6.92% | ★★★★★☆ |
| Mako Mining | 28.08% | 39.01% | 48.79% | ★★★★★☆ |
| Firan Technology Group | 17.91% | 3.75% | 23.32% | ★★★★★☆ |
| Pizza Pizza Royalty | 15.66% | 3.64% | 3.95% | ★★★★☆☆ |
| Queen's Road Capital Investment | 7.20% | 22.14% | 22.20% | ★★★★☆☆ |
| Genesis Land Development | 53.32% | 25.58% | 47.05% | ★★★★☆☆ |
Underneath we present a selection of stocks filtered out by our screen.
Hammond Power Solutions
Simply Wall St Value Rating: ★★★★★★
Overview: Hammond Power Solutions Inc., along with its subsidiaries, designs, manufactures, and sells a variety of transformers across Canada, the United States, Mexico, and India with a market cap of CA$1.35 billion.
Operations: Hammond Power Solutions generates revenue primarily from the manufacture and sale of transformers, amounting to CA$754.37 million.
Hammond Power Solutions, a small cap player in the electrical industry, has shown robust performance. Over the past year, earnings grew by 12.3%, outpacing the industry's 7.2%. The company reported second-quarter sales of C$197.21 million and net income of C$23.59 million, up from C$172.45 million and C$13.33 million respectively a year ago. Trading at 51% below its estimated fair value and with a debt to equity ratio reduced from 27% to 5% over five years, it seems undervalued with strong growth potential ahead.
Lassonde Industries
Simply Wall St Value Rating: ★★★★★★
Overview: Lassonde Industries Inc., along with its subsidiaries, develops, manufactures, and markets a variety of ready-to-drink beverages, fruit-based snacks, and frozen juice concentrates in Canada, the United States, and internationally; it has a market cap of CA$1.15 billion.